Since three of the top online poker sites were shutdown on Black Friday, Bwin.Party Digital has reported an influx of online poker registrations. Over the course of the past two weeks, there has been a 33% increase in new poker sign ups per day at Bwin.Party.
This is good news for the company, as its First Quarter financial report stated that poker revenue was down 14% from the same period in 2010. The influx of players that are relocating from Full Tilt Poker, Poker Stars and Absolute Poker will certainly help to boost the company’s online poker profits this year. However, Bwin.Party believe that it is still too early to tell of profound of an effect this will have on the company’s profits.
While Full Tilt Poker and the other indicted websites are still in operation in Europe and other parts of the world, the population of players has dropped significantly. The displaced American players are now looking for other websites at which to play their favourite online casino game and Bwin.Party and Bodog seem to be the places to go.
The influx of online poker players is also likely to cause expansion for the poker networks on these sites. With more players signing up, Bwin.Party will have to offer more promotions and competitions to compete with the former greatness of sites like Poker Stars.